Bangalore-based early stage venture fund Ideaspring Capital has invested $600,000 (Rs 4 crore) in enterprise networking startup Lavelle Networks Pvt Ltd, according to a report by a financial daily. The firm will use the funds to expand its operations and for marketing, Shyamal Kumar, co-founder told The Economic Times. On Thursday, Lavelle Networks was one […]

Artificial intelligence (AI), machine learning and business-to-business (B2B) are the dominant themes in the final shortlist to Microsoft’s tenth accelerator batch, with all the 14 startups selected for the programme having at least one of these elements as their product offerings. The startups were chosen on the basis of three parameters: how deep the technology […]

US-based Microsoft Ventures, the venture capital arm of software giant Microsoft, announced on Monday that it has formed a new fund for investments in startups focused on artificial intelligence. Nagraj Kashyap, who heads Microsoft Ventures, confirmed the development in a blog post. The corpus of the new fund was not announced, but the company has […]

Microsoft Accelerator has announced a partnership with Wipro to identify technology solutions that can be integrated across Wipro’s existing business verticals and to offer the startups enrolled in its accelerator programme comprehensive go-to-market (GTM) opportunities. The announcement was made at Microsoft Accelerator’s flagship event Think Next 2016 on Wednesday. Under the partnership, Wipro will refer […]

Banking, retail, and healthcare companies are the top adopters of startup technologies, while young firms that cater to the banking sector are most likely to raise investments, reveals a new study. According to the Ecosystem Report on Enterprise Ready Startups 2016 by Microsoft Accelerator released on Thursday, intense focus on optimisation is leading enterprises in […]

Microsoft has appointed former Zinnov executive Bala Girisaballa as chief executive officer-in-residence to lead Microsoft Accelerator in India while Ravi Narayan, it’s former head, has been elevated to the role of Global Director. “Bala will lead the Accelerator’s efforts to help market-ready startups and entrepreneurs to scale up and become successful businesses through the technology […]